11 May 2026
Trilegal advised the Resolution Professional on the Corporate Insolvency Resolution processes of SevenHills Healthcare under the IBC
02 Feb 2026
02 Feb 2026
Trilegal advised the Resolution Professional, Mr. Abhilash Lal in the CIRP of SevenHills Healthcare, one of India’s longest-running insolvency proceedings, culminating in NCLT approval of a category-wise resolution for the Mumbai Hospital in January 2026.
The matter is among the first under the IBC to successfully implement asset-wise resolution under Regulation 36B(6A), addressing complex public–private ownership and creditor rights issues.
The Trilegal Corporate Team advising on the matter was led by Partner: Nishant Parikh.
The Trilegal Banking & Finance Team was led by Partner: Kannan Rahul.
The Trilegal Dispute Resolution Team advising on the matter was led by Partner: Siddharth Ranade; and comprised Counsel: Prakshal Jain; and Senior Associate: Kaazvin Kapadia.
The Trilegal Restructuring & Insolvency Team was led by Partner: Karishma Dodeja; and comprised Senior Associate: Deepali Verma, and Associates: Nidhi Baid, Anugya Mukati, and Renuka Mishra.
The firm has represented the Resolution Professional since the commencement of the CIRP in March 2018, navigating multiple rounds of litigation, regulatory challenges, and process restarts, including proceedings before the NCLT, NCLAT, and the Supreme Court of India. The resolution process involved complex disputes with the Municipal Corporation of Greater Mumbai (MCGM), which owns the land on which the Mumbai Hospital is situated, raising novel questions on asset ownership, public authority rights, and insolvency law.
Following amendments to the insolvency framework permitting category-wise resolution of assets, SevenHills Healthcare became one of the first CIRPs in India to successfully implement an asset-wise resolution. The Visakhapatnam Hospital was resolved in 2024, while the Mumbai Hospital was approved for resolution in January 2026 pursuant to a settlement with MCGM.
Trilegal assisted the Resolution Professional throughout the process, including drafting and issuing key process documents, advising on regulatory and strategic issues, evaluating resolution plans, and successfully defending the process against challenges across forums. Ernst & Young acted as process advisors to the Resolution Professional. These outcomes were critical in preserving value and enabling revival for lenders and stakeholders after nearly seven years of proceedings.
About Trilegal
Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. With over 150 partners operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country. The firm retains over 1,200 professionals across Mumbai, Delhi, Bengaluru, and Gurugram offices.
Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, M&A Firm of the Year by IFLR Asia-Pacific in 2024, and Law Firm of the Year by Deal Volume at the VCCircle Awards in 2024.
For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com
Under the rules of the Bar Council of India, Trilegal is prohibited from soliciting work or advertising in any form or manner. By accessing this website, www.trilegal.com, you acknowledge that:
We prioritize your privacy. Before proceeding, we encourage you to read our privacy policy, which outlines the below, and terms of use to understand how we handle your data:
For more information, please read our terms of use and our privacy policy.
